Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...

Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...

The deficit for the first five months of fiscal 2025 came to $1.147 trillion, up 38%, or $318 billion, from a year earlier.

While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January ...

Donald Trump and his pet program DOGE have been looking for ways to reduce the deficit. The president’s latest idea is a ...

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...

A trade deficit simply means that people in one country are buying more goods from another country than people in the second ...

It will take more than the president — no matter how serious his commitment — to fully deliver on a promise like this.

White House press secretary Karoline Leavitt says it’s “unconstitutional” for judges to review executive branch actions—as ...

The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...